Even a 10 years old can understand this…

The reason why Robert Kiyosaki’s “Rich Dad, Poor Dad” is so successful is because it is able to present the principle of personal finance in a very clear and simple to understand way.   I think Robert Kiyosaki understands that the general population has extremely low financial knowledge and anything too complex or technical would not attract them.  He needs to present the simple principle in a way such that even a 10 years old can pick up with a little of effort.

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How you can pay yourself first.

It’s the beginning of 2007, the beginning of a new year.  It is also a time when you start to make resolutions or goals for a brand new year.  I am sure among them you might have some that are related to wealth creation or accumulation.  (If not, you better start thinking about that now).  One of the easiest and powerful way to accumulate wealth is to follow the “Pay Yourself First” rule, which was one of the teachings Rich…

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Does "Pay Yourself First" works?

Pay Yourself First do require some discipline and possibly setting up a systematic steps to make it a consistent practice.  If you are wondering if anyone is practising the “Pay Yourself First” rule, and getting results, check it out here.

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I didn't know that…

I know that in “Rich Dad, Poor Dad”, Kiyosaki talked about taxes and the power of corporations, and the advantages in taxes with the setting up of company. But what I didn’t know is that the tax advantages can be that extensive as what was mentioned here.

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An excellent summary

Adaora Nneji did an excellent job in summarizing the essence of Kiyosaki’s “Rich Dad, Poor Dad” in a nutshell.  Short and sweet and to the point. http://blogs.warwick.ac.uk/anneji/entry/rich_dad_poor/

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Pay Yourself First!

One of  Robert Kiyosaki’s rich dad many teachings was Paying Yourself First, even before paying your bills!  The reasoning is if you pay everyone else first, there will be often nothing left for yourself. OK, sounds great.  But how should I go about doing it, and how much should I pay myself?  After paying myself, what if I don’t have enough to pay the bill? I am glad that Jessica Duquette shared her experience on this in her blog.  

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"You called me a rat??!!!"

I was ranting and letting off steam, complaining about my long hours and heavy workload of my job, and apparently he was refering me as the rat in a rat race.  He went on to explain himself and recommended that I get hold of the book “Rich Dad, Poor Dad” by Robert Kiyooosaki (not a typo error, that’s how my friend Keith pronounced it). That’s where I first heard of the Robert Kiyosaki and “Rich Dad, Poor Dad”. “Oh no! …

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The one which brought him the fame and wealth…

  Robert Kiyosaki’s real success came with the book titled “Rich Dad, Poor Dad“, based on the rich dad and poor dad characters. He writes the books in an entertaining method where financial novices can remain entertained and at the same time learn his personal finance theories. The rich dad, poor dad characters are fictional people, loosely based on people in Kiyosaki’s life. Basically, poor dad is the man that goes to work hard for his money in a government job, just…

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Who the hell is Robert Kiyosaki?

  “An investor, businessman, self-help author, and motivational speaker. Robert Toru Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material. He has written 18 books which combined have sold over 26 million copies.”  Robert T. Kiyosaki is a 4th generation Japanese Amercian, born and raised in Hilo, Hawaii. He comes from a prominent family of educators. His father was the head of education for the State of Hawaii.   Robert was educated in…

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Come on in….

Welcome to my blog where I touch on anything and everything related to Robert Kiyosaki’s “Rich Dad, Poor Dad” and his other stuffs!  

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